Maple-Brown Abbott, the closely held fund manager, wants to boost the amount of its Asian funds under management from the current $1 billion.
“We could be a fair bit larger,” says Garth Rossler, Maple-Brown’s managing director. “We see growth there.”
The firm had $11.5 billion in funds under management as of June. Existing investors in Maple-Brown’s Asian funds from Europe and the Middle East may be complemented by new money from Australian and Asian investors, says Rossler.
“Australian superannuation funds are beginning to become a bit more regional,” he says.
Maple-Brown employs about 40 people, including 16 analysts and seven portfolio managers.
Rossler is also the firm’s chief investment officer.
